109 Views

Apprenda snags $24 mln

Apprenda, a Platform as a Service solutions provider, has raised $24 million in funding. Safeguard Scientifics led the round with participation from New Enterprise Associates and Ignition Partners.

158 Views

Fuel Capital seeks to fill up with $35 mln second fund

Early-stage investor Fuel Capital is seeking to raise $35 million for its second fund, according to a regulatory document. The San Francisco-based venture firm, which has ties to Ignition Partners, previously raised $25.5 million for its first fund, which closed in 2013, according to Thomson Reuters.

VC-backed PagerDuty hires engineering VP

PagerDuty, a San Francisco-based provider of operations performance management solutions, has appointed Tim Armandpour as vice president of engineering. Previously, Armandpour worked at YapStone where he served as senior vice president of engineering and product. PagerDuty’s backers include Andreessen Horowitz, Bessemer Venture Partners, Baseline Ventures and Ignition Partners.

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Ignition closes $200 mln sixth fund

Ignition Partners has closed a $200 million sixth fund with a determination to stick with its “boutique” style of Series A enterprise-focused software investing. The firm said the new fund was $100 million oversubscribed

171 Views

Coho Data rallies $30 mln

Palo Alto, California-based Coho Data, a web-scale storage provider for companies, has raised $30 million in Series C funding. March Capital Partners led the round with participation from Hewlett Packard Ventures, Intel Capital, Andreessen Horowitz and Ignition Partners.

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WePay grabs $40 mln Series D

WePay, a payments provider for online platforms, has raised $40 million in Series D funding. FTV Capital led the round with participation from other investors that included Rakuten, Highland Capital Partners, August Capital, Continental Investors and Ignition Partners. In addition to the funding, FTV Capital’s Chris Winship has been added to WePay’s board of directors while Rakuten’s Oskar Miel has bee appointed to WePay’s advisory board.

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Tempered Networks picks up $15 mln Series A

Ignition Partners has led a $15 million Series A funding round for Tempered Networks, a provider of secure connectivity for critical infrastructure and information. IDG Ventures also participated in the round. In conjunction with the funding, John Connors, a managing partner at Ignition Ventures, has been added to Tempered Networks’ board of directors.

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VC-backed BlueData names marketing VP

Mountain View, California-based big data firm BlueData has hired Schroedl as vice president of marketing. Previously, Schroedl worked at Cisco Systems, where he served as director of product and solutions marketing for the cloud computing and data center software business. BlueData is backed by Ignition Partners, Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective.

VC-backed BlueData adds two to team

Mountain View, Calif.-based big data firm BlueData has hired Jim Lenox as vice president of worldwide sales and Greg Kirchoff as vice president of business development. Previously, Lenox worked at Midokura while Kirchoff worked at Microsoft. BlueData is backed by Ignition Partners, Atlantic Bridge Ventures, Intel Capital, Amplify Partners and Data Collective.

133 Views

Skytap snaps up $35 mln in Insight Venture-led round

Skytap has raised $35 million in funding in a round led by Insight Venture Partners. The other investors included OpenView Venture Partners, Ignition Partners, Madrona Venture Group and Washington Research Foundation. Based in Seattle, Skytap is a provider of on-demand Environments as a Service.

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SnapLogic rakes in $20 mln

SnapLogic has raised $20 million in Series D financing. Ignition Partners led the round with participation from Andreessen Horowitz, H. Barton Asset Management, Pharus Capital Management and Triangle Peak Partners. Headquartered in San Mateo, Calif., SnapLogic is a provider of application integration solutions.

First read 24 Sept
587 Views

peHUB First Read

Catch up on the midweek news including a record year for venture capital in Asia, what funds are doing it for Oregon, Mizuho selling buyout fund stakes and an insight into an American Islamic growth equity transaction.

335 Views

Xamarin raises $54 mln in Series C funding

Xamarin, a mobile app development platform, has raised $54 million in Series C funding from new and existing investors, including Charles River Ventures, Floodgate, Ignition Partners, Insight Venture Partners and Lead Edge Capital. Xamarin has raised a total of $82 million in three funding rounds.

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Glympse raises additional $12 mln in Series C funding

Glympse, a location sharing technology company, has raised an additional $12 million in Series C financing, with participation from new investors UMC Capital, Verizon Ventures and additional unnamed strategic investors. Existing investors Ignition Partners, Menlo Ventures and Naya Ventures also participated in the funding round. The investment brings total capital raised to about $20 million.

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Oak Investment Partners leads $20 mln Series C funding in Hipmunk

Oak Investment Partners has led a $20 million Series C funding round in Hipmunk, which provides travel planning services online and through mobile apps. Ren Riley, general partner with Oak Investment Partners, will join Hipmunk’s board of directors. Existing investors Institutional Venture Partners, Ignition Partners and angel investors also participated in the funding round.

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Trifacta nets $25 mln Series C

Trifacta said Thursday that it has received $25 million in Series C financing. Ignition Partners led the round with participation from return investors Greylock Partners and Accel Partners. Concurrent with the funding, Frank Artale, a managing director at Ignition Partners, has joined the Trifacta board. Based in San Francisco, Trifacta is a data transformation platform provider.

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